ObamaCare’s high-risk pools promised to cover hundreds of thousands, but ended up attracting almost no one. The small-business tax break has been a complete bust. Insurance premiums are already spiking.
And now states are in open revolt against two key elements of the law.
Under ObamaCare, states were supposed to agree to set up so-called insurance exchanges — which would act as a clearinghouse for government-approved health plans and distribute the insurance subsidies included in the law.
But just 18 states have agreed to build them. The rest — which include eight run by Democratic governors — are leaving it to the federal government to do the dirty work of setting up these massively complicated exchanges. That’s a remarkable vote of no confidence on a central element of ObamaCare, and one that’s caught the White House completely by surprise.
Which means the Obama administration now has to figure out how to run exchanges in 32 states — a task it is hardly prepared to take on, if it’s capable of ever handling it at all.
More.
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